Market Overview:
The global high purity industrial gases market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for high purity industrial gases from the electronics industry, oil industry, and chemical industry. In addition, the growing demand for high purity hydrogen gas is also contributing to the growth of this market. North America dominates the global high purity industrial gases market and is expected to continue its dominance during the forecast period.
Product Definition:
High purity industrial gases are gases that have been purified to a high degree. They are often used in research and development, as well as in manufacturing processes. High purity industrial gases can be used to produce semiconductors, pharmaceuticals, and other high-tech products.
High Purity Argon:
Argon is a colorless and highly inflammable gas with a mild aroma. It is used in various industries such as electronics, metallurgy, welding & brazing operations and high-purity industrial gases market. Argon has the ability to disassociate into its component parts which makes it non-conducive for use in high-temperature applications. However, it can be used at low temperatures (below 800o C) depending upon the end use application.
High Purity Oxygen:
Oxygen is a colorless and highly flammable gas with a strong odor. It is used in various industries including metal processing, rubber, plastic, printing & writing and mining. Oxygen plays an important role in the chemical industry as it is one of the key raw materials along with hydrogen and carbon.
Application Insights:
The electronics industry accounted for the largest share of over 30.0% in 2017 and is expected to continue its dominance over the forecast period. Electronics devices such as smartphones, laptops, tablets and cameras require a large number of gases with high purity levels for their functioning. High purity industrial gases are used in semiconductor processing plants along with other compounds such as hydrogen, nitrogen and oxygen to provide an appropriate environment for the semiconductors during various stages of production.
Electrolytic metals are used extensively in electronic products due to their superior properties including corrosion resistance and strength; this factor is anticipated to drive product demand from 2018 to 2030 at a CAGR of XX%.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing investments in various industries such as healthcare, electronics, and pharmaceuticals. In addition, rising awareness regarding health benefits associated with high purity gases is anticipated to drive demand in this region.
The Asia Pacific held a significant share of global oil & gas industry owing to presence of major crude oil reserves such as those found in countries like India and China which are also among the top five producers of natural gas worldwide. These factors have led Asia Pacific into being one of the largest manufacturing hubs across globe where huge investment opportunities exist for players operating within industrial gases sector who aim at catering growing needs from end-use industries located across these regions.
Growth Factors:
- Increasing demand for high purity industrial gases from the electronics and semiconductor industry as a result of the growing trend of miniaturization and increased use of advanced materials in these industries.
- Rapid growth in the medical device industry due to rising demand for minimally invasive surgeries, which is resulting in increased use of high purity medical gases.
- Growing demand for specialty gases used in various manufacturing processes across different industries, including automotive, aerospace & defense, and food & beverage processing.
- Rising investments by companies to expand their production capacities to meet the growing demand for high purity industrial gases worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
High Purity Industrial Gases Market Research Report
By Type
High Purity Argon, High Purity Oxygen, High Purity Nitrogen, High Purity Helium, High Purity Hydrogen
By Application
Electronics Industry, Oil Industry, Chemical Industry
By Companies
Messer, Linde, Taiyo Nippon Sanso, Air Liquide, Air Products, Hangzhou Hangyang, Suzhou Jinhong Gas, Messer
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
184
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global High Purity Industrial Gases Market Report Segments:
The global High Purity Industrial Gases market is segmented on the basis of:
Types
High Purity Argon, High Purity Oxygen, High Purity Nitrogen, High Purity Helium, High Purity Hydrogen
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electronics Industry, Oil Industry, Chemical Industry
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Messer
- Linde
- Taiyo Nippon Sanso
- Air Liquide
- Air Products
- Hangzhou Hangyang
- Suzhou Jinhong Gas
- Messer
Highlights of The High Purity Industrial Gases Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- High Purity Argon
- High Purity Oxygen
- High Purity Nitrogen
- High Purity Helium
- High Purity Hydrogen
- By Application:
- Electronics Industry
- Oil Industry
- Chemical Industry
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the High Purity Industrial Gases Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
High purity industrial gases are those that have been specifically designed for use in industrial processes. These gases are typically less than 10% by volume of other gas molecules, and their purity is verified through various testing methods. They are often used in manufacturing processes, such as the production of semiconductors and electronic components.
Some of the major companies in the high purity industrial gases market are Messer, Linde, Taiyo Nippon Sanso, Air Liquide, Air Products, Hangzhou Hangyang, Suzhou Jinhong Gas, Messer.
The high purity industrial gases market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Purity Industrial Gases Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 High Purity Industrial Gases Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Purity Industrial Gases Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the High Purity Industrial Gases Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global High Purity Industrial Gases Market Size & Forecast, 2018-2028
4.5.1 High Purity Industrial Gases Market Size and Y-o-Y Growth
4.5.2 High Purity Industrial Gases Market Absolute $ Opportunity
Chapter 5 Global High Purity Industrial Gases Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 High Purity Industrial Gases Market Size Forecast by Type
5.2.1 High Purity Argon
5.2.2 High Purity Oxygen
5.2.3 High Purity Nitrogen
5.2.4 High Purity Helium
5.2.5 High Purity Hydrogen
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global High Purity Industrial Gases Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 High Purity Industrial Gases Market Size Forecast by Applications
6.2.1 Electronics Industry
6.2.2 Oil Industry
6.2.3 Chemical Industry
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Purity Industrial Gases Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 High Purity Industrial Gases Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America High Purity Industrial Gases Analysis and Forecast
9.1 Introduction
9.2 North America High Purity Industrial Gases Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America High Purity Industrial Gases Market Size Forecast by Type
9.6.1 High Purity Argon
9.6.2 High Purity Oxygen
9.6.3 High Purity Nitrogen
9.6.4 High Purity Helium
9.6.5 High Purity Hydrogen
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America High Purity Industrial Gases Market Size Forecast by Applications
9.10.1 Electronics Industry
9.10.2 Oil Industry
9.10.3 Chemical Industry
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe High Purity Industrial Gases Analysis and Forecast
10.1 Introduction
10.2 Europe High Purity Industrial Gases Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe High Purity Industrial Gases Market Size Forecast by Type
10.6.1 High Purity Argon
10.6.2 High Purity Oxygen
10.6.3 High Purity Nitrogen
10.6.4 High Purity Helium
10.6.5 High Purity Hydrogen
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe High Purity Industrial Gases Market Size Forecast by Applications
10.10.1 Electronics Industry
10.10.2 Oil Industry
10.10.3 Chemical Industry
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific High Purity Industrial Gases Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific High Purity Industrial Gases Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific High Purity Industrial Gases Market Size Forecast by Type
11.6.1 High Purity Argon
11.6.2 High Purity Oxygen
11.6.3 High Purity Nitrogen
11.6.4 High Purity Helium
11.6.5 High Purity Hydrogen
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific High Purity Industrial Gases Market Size Forecast by Applications
11.10.1 Electronics Industry
11.10.2 Oil Industry
11.10.3 Chemical Industry
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America High Purity Industrial Gases Analysis and Forecast
12.1 Introduction
12.2 Latin America High Purity Industrial Gases Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America High Purity Industrial Gases Market Size Forecast by Type
12.6.1 High Purity Argon
12.6.2 High Purity Oxygen
12.6.3 High Purity Nitrogen
12.6.4 High Purity Helium
12.6.5 High Purity Hydrogen
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America High Purity Industrial Gases Market Size Forecast by Applications
12.10.1 Electronics Industry
12.10.2 Oil Industry
12.10.3 Chemical Industry
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) High Purity Industrial Gases Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) High Purity Industrial Gases Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) High Purity Industrial Gases Market Size Forecast by Type
13.6.1 High Purity Argon
13.6.2 High Purity Oxygen
13.6.3 High Purity Nitrogen
13.6.4 High Purity Helium
13.6.5 High Purity Hydrogen
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) High Purity Industrial Gases Market Size Forecast by Applications
13.10.1 Electronics Industry
13.10.2 Oil Industry
13.10.3 Chemical Industry
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 High Purity Industrial Gases Market: Competitive Dashboard
14.2 Global High Purity Industrial Gases Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Messer
14.3.2 Linde
14.3.3 Taiyo Nippon Sanso
14.3.4 Air Liquide
14.3.5 Air Products
14.3.6 Hangzhou Hangyang
14.3.7 Suzhou Jinhong Gas
14.3.8 Messer
